In this episode of the Dollars and Sense Show host Carol Topp discusses tax breaks for homeschoolers. [display_podcast] Show Notes: There is no federal tax credit or deduction for homeschool expenses Some states do allow a deduction, usually on state income tax. Proposed in Ohio: Property tax deduction for homeschool expenses Arizona, Illinois, Indiana, Iowa, […]
“Economics: Taxes” is a Social Studies lesson designed to teach upper elementary students about different types of taxes, and why tax is collected. Students learn about income, sales, and property taxes from an informational text. They create a foldable about these three types of taxes, calculate tax, and respond to a writing prompt.